Wells Fargo to launch tokenized deposits for corporate clients
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Wells Fargo to Launch Tokenized Deposits for Corporate and Commercial Clients
August 4, 2026 8:30 AM EDTNew on-chain capability to enable corporate and commercial clients to move, program, and settle funds 24/7/365
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today announced the introduction of tokenized deposits, a blockchain-based representation of commercial bank money that when fully deployed will enable Wells Fargos corporate and commercial clients to move, program, and settle funds 24/7/365 without leaving the regulated, insured banking system. The program will roll out this fall with a limited U.S. dollar (USD) to British pound (GBP) exchange and will expand over the course of 2027 to more clients,... More
